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[Costa]

The stock moved sideways last week, using $500 as support, which possibly indicates that the recent upward momentum is starting to lose some strength. Looking at the MACD and RSI, these major technical indicators have created a lower high , which means a negative divergence is happening and that the stock may start to move down anytime in the very near future. On the other hand, any break above 513.74 would signal a larger move to perhaps 525.

Stocks to Watch for August 26, 2013